Ask any entrepreneur what is their most important asset? Employees would be the abrupt answer. A talented and motivated team is the profound resource to maximize revenue and increase productivity. Without a motivated workforce, a company is in a risky position because uninterested and discouraged employees are not more than a waste of time and resources.
According to ‘Fortune 100 Best’ Google has been chosen once again as the best company to work for followed by Wegmans Food Markets and The Boston Consulting Group. What is common in these companies, though, is they value their employees’ potential, their integrity and teamwork. So, it is clear simply providing a paycheck is not enough. These companies believe in creating a work culture where employees are always motivated, productive and happy.
If you are a budding entrepreneur, it is natural that you have a burning drive to work hard and give more than 100% to your business. Do your employees feel the same way? Probably not! There are many factors behind why this is not so – they are not motivated enough, perhaps there is not that much sense of belonging, or maybe you are not making right moves. However, one fact is very clear – your company should have a motivating environment where your staff can utilize their maximum potential.
So, the following tips will be highly helpful for you to motivate your employees:
- Lead By Example
“A leader is one who knows the way, goes the way, and shows the way” —John Maxwell
Being a business owner, there are tons of responsibilities on your shoulders which is why your employees will look at you to set an example for the rest of them. An able leader sets a tone and a value system for his/her employees. When you stand by your principles, show true character and boldly face the challenges, it will leave a profound and lasting impact on your employees. If, for an instance, you promote a culture of positive thinking or, for that matter, respect for others, your employees will follow and the entire work culture. This, for sure, paints a more motivating picture.
- Communicate Better
“Wise men speak because they have something to say; Fools because they have to say something” – Plato
Communication is the key for your workplace productivity because a proper and meaningful communication with your employees will make them informed, empowered, confident and hence, motivated. So without effective communication, how would you have them meet your goals? You need to meet with the frequently and actually speak with them face to face. When you establish a better communication strategy in your company, it avoids misunderstanding between your employees. An effective communication also steers your team toward right direction. When it is clear to them as to where they need to go and actually which steps need to be taken, half of the battle is already won.
- Offer Opportunities By Empowering Them
“To succeed, jump as quickly at opportunities as you do at conclusions” – Benjamin Franklin
You should create opportunities for your employees so that they can harness their potential to the fullest by asking certain inputs from them. May be implementing their expert advice on certain processes bring improvements. When your employees believe that there is an opportunity for advancement while working for something substantial, they will definitely be charged to perform better. When they make their own decisions, they will also make themselves ready for responsibility and accountability. This is what will motivate them to deliver their best. You can also motivate them by offering training and further skill development.
- Recognize Their Efforts
“Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well.” ― Voltaire
Incentives and awards are among the most potent factors that skyrocket your employees’ motivation levels. When your boss recognizes your work and appreciates you, you naturally feel better. Similarly, when you incentivize the good performance of your staff, they will be lurked to perform even more outstandingly. There are many things you can do to increase their morale. For example, throwing office parties where you can have a toast with them, or you can give them gifts that contain motivational favor labels. It would be a fun way to celebrate your achievements and looking for doing something bigger.
- Set Realistic Targets
“If you want to be happy, set a goal that commands your thoughts, liberates your energy and inspires your hopes.” —Andrew Carnegie
There is no point in setting targets that are not quite achievable. In fact, it could be counter-productive because the very notion of not able to achieve the target can drop your employees’ morale drastically. They would get stressed and in this way their energy will be drained out. On the other hand, if they are going after tasks that seem attainable, they would want to do them more powerfully, and a sense of accomplishment will prevail in them.
If you have gathered a strong team of dedicated individuals, you need them to stick around. But more importantly, you need to motivate them and encourage doing good work. So, scale up your motivating strategy with the above tips. They will always work.